
Los Angeles, California 90059
This income-producing duplex represents a High-Potential Investment Opportunity, listed at $945,000. While priced above the $884,709 Fair Market Value, the property justifies its premium through a rare 7.89% cap rate and $78,000 in annual revenue. With a Condition Rating of 3, the asset features a fully remodeled bottom unit and an expansive 8,500 sq ft lot, offering significant development upside for additional ADUs. This is a strategic acquisition for Buy-and-Hold Investors or Real Estate Developers seeking immediate cash flow and long-term value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10974 Willowbrook Avenue Subject 0 bd · 0 ba · 2,496 sqft · $354 | $945,000* List Price | 0 | 0 | 2,496 | $354 | - |
A 10929 Compton Avenue Sold 0 bd · 0 ba · 2,480 sqft · $323 · 0.3 mi | $800,000 | 0 | 0 | 2,480 | $323 | 0.3 mi |
B 1677 E Imperial Sold 0 bd · 0 ba · 2,200 sqft · $477 · 0.4 mi | $1,050,000 | 0 | 0 | 2,200 | $477 | 0.4 mi |
C 1648 E 110th Sold 0 bd · 0 ba · 1,866 sqft · $461 · 0.2 mi | $860,000 | 0 | 0 | 1,866 | $461 | 0.2 mi |
D 1419 E 111th Sold 0 bd · 0 ba · 2,659 sqft · $308 · 0.5 mi | $820,000 | 0 | 0 | 2,659 | $308 | 0.5 mi |
E 1711 E Imperial Highway Sold 0 bd · 0 ba · 2,772 sqft · $281 · 0.4 mi | $780,000 | 0 | 0 | 2,772 | $281 | 0.4 mi |
F 1711 E Imperial Highway Sold 5 bd · 4 ba · 2,772 sqft · $281 · 0.4 mi | $780,000 | 5 | 4 | 2,772 | $281 | 0.4 mi |
G 1783 E Imperial Highway Sold 0 bd · 0 ba · 3,372 sqft · $323 · 0.4 mi | $1,088,000 | 0 | 0 | 3,372 | $323 | 0.4 mi |
H 1671 E Imperial Sold 0 bd · 0 ba · 3,150 sqft · $360 · 0.4 mi | $1,135,000 | 0 | 0 | 3,150 | $360 | 0.4 mi |
I 2106 E 113th Active 0 bd · 0 ba · 2,551 sqft · $372 · 0.4 mi | $950,000 List Price | 0 | 0 | 2,551 | $372 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1998 (26 years old), the property exceeds the 'Fair' threshold due to a completely remodeled bottom unit and a well-maintained exterior with fresh paint. It is functional, move-in ready, and aligns with the criteria for a well-maintained property with recent renovations.
Boasting a rare 7.89% cap rate and approximately $78,000 in annual revenue, this property offers immediate high-yield cash flow that significantly outperforms typical Los Angeles market averages.
The expansive 8,500 sq ft flat lot provides a prime opportunity to add two or more ADUs or additional residential units, allowing for substantial value-add and maximization of the property's highest and best use.
Each unit features a spacious 4-bedroom, 2-bathroom layout totaling 1,248 sq ft, providing a single-family residence feel that attracts quality long-term tenants and maintains low vacancy rates.
While the bottom unit is completely remodeled, the upper unit may require additional capital improvement to match the modern standard and achieve peak market rent.
At a list price of $945,000, the property is positioned at the higher end for the Willowbrook area, requiring a buyer who specifically values the development upside to justify the initial investment.
Generating approximately $78,000 in yearly revenue with a rare 7.89% cap rate, this income-producing duplex sits on an expansive 8,500 sq ft flat lot — that presents a compelling opportunity to add 2 or more additional residential units or ADUs, with the added benefit of the bottom unit being completely remodeled and vacant, creating multiple avenues to expand rental income while maximizing the property's highest and best use. Investment opportunities that combine strong current returns with this level of future development potential on a flat, buildable lot are becoming increasingly rare — and increasingly valuable. Each unit offers 4 bedrooms, 2 bathrooms, and 1,248 sq ft of spacious living space — a size and layout that feels like a single-family residence, attracting quality long-term tenants and keeping vacancy low.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.3 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.7 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,496 | 2,148.648 |
| Lot Size | 8,469 | 5,855.757 |
| Price | $945.0K | $831.8K |
| Price per sq ft | $379 | $387 |
| Built year | 1998 | 1928 |
| HOA | $0 | $0 |
| Days on market | 9 | 87 |
Oct 15, 2026
$945,000
Initial Listing
Jul 26, 2002
$189,000
Public Record
Jul 27, 1999
$220,000
Public Record